Actus Minerals Property Acquisition-Completion of Financings
Published : June 29, 2011
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 28, 2011) - Actus Minerals Corp. (News - Market indicators) (the "Company") is pleased to announce that it has closed its previously announced (April 13, 2011) private placement of Units. The Company had announced that it was planning on placing up to 5,000,000 Units for gross proceeds of $500,000. The Unit placement was oversubscribed and the Company completed 6,220,000 Units for gross proceeds of $622,000.00. The Company received regulatory acceptance to the transaction on May 31, 2011 and has since issued the shares and warrants. The Units consist of one common share and one share purchase warrant exercisable at $0.12 per share and expiring May 27, 2013. The securities issued pursuant to the Unit placement are subject to a trading restriction expiring October 1, 2011.

The Company paid an aggregate finders' fee of $61,200.00 in cash and issued 612,000 warrants exercisable at $0.12 and expiring May 27, 2012. The finders' fee was payable to Union Securities Ltd., as to $31,200 and 312,000 warrants; Canaccord Genuity Corp., as to $25,000 and 250,000 warrants; and 4552083 Canada Inc. as to $5,000 and no warrants.

Also, announced in the April 13, 2011 news release, was a private placement of up to 3,000,000 flow-through units. The Company completed 1,180,000 flow-through units for gross proceeds of $141,600.00 and received regulatory acceptance to the transaction on June 7, 2011. The flow- through units consist of one flow-through common share and one share purchase warrant exercisable at $0.20 per share and will expire on June 13, 2013. Further, the Company will pay an aggregate finders' fee of $12,960 and issue 88,000 warrants exercisable at $0.12 expiring on June 13, 2012. The finders' fee is payable as to $10,560.00 and 88,000 warrants to Union Securities Ltd., and $2,400 and no warrants to 7714491 Canada Inc. The securities issued pursuant to the flow-through unit placement are subject to a trading restriction expiring October 14, 2011.

Funds raised from both placements will be used for exploration on the Company's properties and additional working capital for the Company.

On behalf of the Board of Directors

Carl von Einsiedel, Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Actus Minerals Corp.
Investor Relations
604-678-9639
604-682-8094 (FAX)
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Actus Minerals Corp.

EXPLORATION STAGE
CODE : AAC.V
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Actus Minerals is a gold exploration company based in Canada.

Its main exploration property is CASA BERARDI QUEBEC in Canada.

Actus Minerals is listed in Canada. Its market capitalisation is CA$ 1.3 millions as of today (US$ 955 471, € 902 251).

Its stock quote reached its lowest recent point on December 12, 2014 at CA$ 0.01, and its highest recent level on April 07, 2017 at CA$ 1.05.

Actus Minerals has 1 220 000 shares outstanding.

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Nominations of Actus Minerals Corp.
4/20/2011Resignation and Appointment of Director
Corporate news of Actus Minerals Corp.
6/11/2014IIROC Trading Resumption - AAC
6/4/2014IIROC Trading Halt - AAC
1/31/2013Property Acquisition
6/29/2011Property Acquisition-Completion of Financings
4/26/2011Property Acquisition
2/26/2011Property Acquisition-Amendment to Proposed Financings
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